Question: Thingamajig, LLC needs to make 9 7 , 0 0 0 parts each year, with each part requiring three processing steps ( turning , then

Thingamajig, LLC needs to make 97,000 parts each year, with each part requiring three processing steps (turning, then milling, and then drilling). Assume 200 working days per year. The scrap rates at these processes are 4%,3%, and 1%, respectively. (10 points) To get 97,000 satisfactory parts at the end, how many times will each operation (turning, milling, drilling) need to occur? Round up to the nearest integer at each step. (20 points) Suppose that the standard times for turning, milling, and drilling are 1.3 min, 2.3 min, and 2.7 min, respectively, and that the machines operate for 75% of each 8-hour workday. At minimum, how many of each machine type (turning, milling, drilling) are needed? Show your work (or Excel formulas).

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